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TradingOn
Oct 27, 2022 2:05 PM

$ILV/USDT 12h (#Bybit) Falling broadening wedge breakout retest Long

ILVUSDT Perpetual ContractBybit

Description

Illuvium finally ended the long down-trend and is pulling back to 100EMA regained support, time for a swing.

⚡️⚡️ #ILV/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.0X)
Amount: 7.2%

Current Price:
68.2

Entry Zone:
66.1 - 58.7

Take-Profit Targets:
1) 83.1
2) 98.7
3) 114.3

Stop Targets:
1) 45.1

Published By: @TradingOn

Risk/Reward= 1:1.2 | 1:2.1 | 1:3
Expected Profit= +33.16% | +58.14% | +83.13%
Possible Loss= -27.71%

Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months

Tags: #ILVUSDT #P2E #Metaverse #NFT #Gaming #DAO #DeFi

Website: illuvium.io

Trade active

All entries filled

Illuvium dipped and bounced back as planned so far, let's hope it continues that way!

#ILV #ILVUSDT #P2E

Trade closed: stop reached

SL hit with -27.71% (1x) and -1R

Illuvium lost wedge support and went straight to Stop, seems like it was not ready after all.

#ILV #ILVUSDT #P2E

Comments
SwallowPremium
Very quality chart, thanks for your amazing job!!
TradingOn
@SwallowPremium, thanks for your feedback mate!
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